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BTC 25k Soon 🙂 I don't think that this halving can hold the trend 📈 #bitcoinhalving #btc
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Buying PDA at 1252. I'm bullish on #PDA
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Know these basic principles before start trading. Alts are depend on btc movement. 1. **Buy Signal**: When the price of BTC crosses above its 50-day moving average (MA), accompanied by increasing trading volume, it could indicate a bullish trend. 2. **Sell Signal**: If BTC's price falls below its 200-day MA and the trading volume is high, it may signal a bearish trend. 3. **MACD Crossover**: A bullish signal occurs when the MACD (Moving Average Convergence Divergence) line crosses above the signal line. Conversely, a bearish signal happens when the MACD line crosses below the signal line. 4. **RSI (Relative Strength Index)**: A buy signal can be generated when the RSI is oversold (below 30) and starts to trend upwards. Conversely, a sell signal can occur when the RSI is overbought (above 70) and begins to decline. 5. **Fibonacci Retracement Levels**: A buy signal might occur when the price retraces to a key Fibonacci support level (e.g., 38.2%, 50%, or 61.8%) and shows signs of reversal. 6. **Price Patterns**: Bullish patterns like "Double Bottom" or "Inverse Head and Shoulders" can signal potential buying opportunities, while bearish patterns like "Double Top" or "Head and Shoulders" can indicate selling opportunities.
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Let's buy ICP on this position. I'm bullish on ICP. #DYOR
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